Articles for: Australia

Well much has happened in the last week and if I was writing as I did last week on the mother of all share indices – the DOW – I would probably have taken an even harsher view.

And yes, I might add, we would like it to get better. So true – but we do have to take what the market dishes out.

As the New Year gets under way, uncertainty continues to hold sway throughout the asset classes.

Could 2008 be your lucky year – the one in which you fulfill your dreams, improve your trading, increase prosperity and feel happier?

To say it’s been a big week in terms of market movements is an understatement.

The British Pound (BP-Spotv in ProfitSource) experienced some heavy selling last week, including a drop on Wednesday of over 350 points.

The US markets had an extraordinary move up during the last week or so in anticipation of a 50 point move on interest rates by the Fed.

My recent articles have been focused on the US bond markets and how the prevailing interest rate direction will affect mortgages as well as the continuing threat of the sub-prime credit crunch.

The Scottish traditional ‘Will ye no come back again’ that laments the prospect that Bonnie Charlie may not return reminds me of metals.

Let’s do nothing, at least for a while. Let’s take a break. An extended break. Let us have some time when there is no agenda, no target and no deadline.